NYSE:BLND Blend Labs (BLND) Stock Forecast, Price & News $1.18 -0.01 (-0.84%) (As of 09/21/2023 ET) Add Compare Share Share Today's Range$1.13▼$1.2150-Day Range$1.05▼$1.5052-Week Range$0.53▼$2.86Volume294,145 shsAverage Volume720,834 shsMarket Capitalization$290.15 millionP/E RatioN/ADividend YieldN/APrice Target$1.89 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Blend Labs MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside60.2% Upside$1.89 Price TargetShort InterestBearish5.84% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.95Based on 4 Articles This WeekInsider TradingSelling Shares$298,535 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.63) to ($0.32) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.02 out of 5 starsComputer And Technology Sector407th out of 592 stocksComputer Programming, Data Processing, & Other Computer Related Industry37th out of 60 stocks 3.1 Analyst's Opinion Consensus RatingBlend Labs has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $1.89, Blend Labs has a forecasted upside of 60.2% from its current price of $1.18.Amount of Analyst CoverageBlend Labs has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.84% of the float of Blend Labs has been sold short.Short Interest Ratio / Days to CoverBlend Labs has a short interest ratio ("days to cover") of 7.Change versus previous monthShort interest in Blend Labs has recently increased by 1.81%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldBlend Labs does not currently pay a dividend.Dividend GrowthBlend Labs does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BLND. Previous Next 3.3 News and Social Media Coverage News SentimentBlend Labs has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Blend Labs this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for BLND on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows3 people have added Blend Labs to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Blend Labs insiders have sold 1,645.92% more of their company's stock than they have bought. Specifically, they have bought $17,099.00 in company stock and sold $298,535.00 in company stock.Percentage Held by Insiders11.83% of the stock of Blend Labs is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions46.23% of the stock of Blend Labs is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Blend Labs are expected to grow in the coming year, from ($0.63) to ($0.32) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Blend Labs is -0.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Blend Labs is -0.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBlend Labs has a P/B Ratio of 2.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Blend Labs (NYSE:BLND) StockBlend Labs, Inc. engages in the provision of cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company's Blend Builder Platform offers a suite of products that powers digital-first consumer journeys for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts; and offers mortgage products to facilitate the homeownership journey for consumers comprising close, income verification for mortgage, homeowners' insurance, and realty. It also offers verification components to automate confirmation tasks that are needed to underwrite a loan or approve the opening of a new deposit account; decisioning components to reduce the need for human intervention by automatically applying business rules throughout an application workflow configured by a financial services firm; workflow intelligence components to manage data collection and automate tasks throughout the loan origination process; and marketplace components to enable consumers to shop for products and services presented at the precise moment of need during an application for a loan. In addition, the company, through its subsidiary, offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and provides professional and consulting services. It serves banks, credit unions, financial technology companies, and non-bank mortgage lenders. Blend Labs, Inc. was incorporated in 2012 and is headquartered in San Francisco, California.Read More BLND Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BLND Stock News HeadlinesSeptember 21, 2023 | americanbankingnews.comReviewing Blend Labs (NYSE:BLND) and CEVA (NASDAQ:CEVA)September 20, 2023 | finance.yahoo.com15 Best Affordable Stocks To Buy Under $5September 22, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."September 5, 2023 | finance.yahoo.comBlend to Hold Its Investor Day on September 26, 2023August 22, 2023 | finance.yahoo.comBlend to Participate in the Goldman Sachs Communacopia & Technology ConferenceAugust 18, 2023 | finance.yahoo.comBlend Labs (BLND) Could Find a Support Soon, Here's Why You Should Buy the Stock NowAugust 11, 2023 | barrons.comBlend Labs Inc.August 11, 2023 | msn.comWells Fargo Maintains Blend Labs Inc - (BLND) Equal-Weight RecommendationSeptember 22, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."August 11, 2023 | msn.comBlend Labs stock surges after Q2 earnings beat and a fifth round of job cutsAugust 11, 2023 | finance.yahoo.comBlend cuts workforce by 19% amid anemic mortgage lendingAugust 10, 2023 | finance.yahoo.comQ2 2023 Blend Labs Inc Earnings CallAugust 9, 2023 | finance.yahoo.comBlend Labs (BLND) Q2 Earnings: How Key Metrics Compare to Wall Street EstimatesAugust 9, 2023 | finance.yahoo.comBlend Announces Second Quarter 2023 Financial ResultsAugust 3, 2023 | msn.comBlend Labs Inc - (BLND) Price Target Decreased by 16.35% to 1.29August 1, 2023 | msn.comBlend Labs Faces Industry Headwinds With Higher For Longer Rates?July 31, 2023 | msn.comBlend Labs: A Long Way To GoJuly 26, 2023 | finance.yahoo.comBlend to Announce Second Quarter 2023 Financial Results on August 9, 2023July 21, 2023 | finance.yahoo.comInvestors in Blend Labs (NYSE:BLND) have unfortunately lost 57% over the last yearJuly 18, 2023 | finance.yahoo.comPRMG Increases Application Conversions and Reduces Costs with Blend’s Soft Credit FunctionalityJune 13, 2023 | finance.yahoo.comBlend Labs Further Expands Mortgage Customer Base After Nations Lending Chooses Blend’s Mortgage Suite To Streamline OriginationsJune 12, 2023 | benzinga.comBlend Labs Further Expands Mortgage Customer Base After Nations Lending Chooses Blend's Mortgage Suite To Streamline OriginationsJune 1, 2023 | finance.yahoo.comBlend to Participate in the Piper Sandler Global Exchange & Fintech ConferenceMay 25, 2023 | finance.yahoo.comNations Lending Chooses Blend to Streamline the Mortgage Origination ProcessMay 23, 2023 | finance.yahoo.comBlend Announces Availability of Soft Credit FunctionalityMay 14, 2023 | insidermonkey.comBlend Labs, Inc. (NYSE:BLND) Q1 2023 Earnings Call TranscriptMay 11, 2023 | finance.yahoo.comComposable Tech Is Growing At An Estimated 50.4% Annually - This Fintech Is Aiming To Capture More Of That Market With Its New Composable Origination TechSee More Headlines Receive BLND Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Blend Labs and its competitors with MarketBeat's FREE daily newsletter. Email Address BLND Company Calendar Last Earnings8/09/2023Today9/22/2023Next Earnings (Estimated)11/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:BLND CUSIPN/A CIK1855747 Webwww.blend.com Phone650-550-4810FaxN/AEmployees1,546Year FoundedN/APrice Target and Rating Average Stock Price Forecast$1.89 High Stock Price Forecast$3.25 Low Stock Price Forecast$1.30 Forecasted Upside/Downside+60.2%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.38) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-720,170,000.00 Net Margins-183.40% Pretax Margin-180.19% Return on Equity-235.54% Return on Assets-58.31% Debt Debt-to-Equity Ratio5.29 Current Ratio8.87 Quick Ratio8.87 Sales & Book Value Annual Sales$235.20 million Price / Sales1.23 Cash Flow$0.76 per share Price / Cash Flow1.55 Book Value$0.55 per share Price / Book2.15Miscellaneous Outstanding Shares245,890,000Free Float216,798,000Market Cap$290.15 million OptionableNot Optionable Beta0.58 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Nima Ghamsari (Age 37)Co-Founder, Chairman, CEO & Head of Blend Comp: $325kMr. Erin James Collard (Age 43)Co-Founder & Director Mr. Rosco HillCo-FounderMr. Amir Jafari (Age 45)Head of Fin. & Admin. and Principal Financial Officer Ms. Oxana Tkach (Age 40)Controller & Principal Accounting Officer Ms. Winnie Ling (Age 37)Head of Legal Mr. Erik WrobelHead of ProductMr. Kallol DasHead of EngineeringMs. Aesha ShahHead of DesignMr. Sebastian JollHead of GrowthMore ExecutivesKey CompetitorsHanryuNASDAQ:HRYUSify TechnologiesNASDAQ:SIFYTrueCarNASDAQ:TRUEVNET GroupNASDAQ:VNETCEVANASDAQ:CEVAView All CompetitorsInsiders & InstitutionsAmir JafariBought 14,369 shares on 9/14/2023Total: $17,099.11 ($1.19/share)Y Intercept Hong Kong LtdBought 234,719 shares on 8/15/2023Ownership: 0.096%XTX Topco LtdBought 117,261 shares on 8/15/2023Ownership: 0.093%Point72 Asset Management L.P.Bought 46,953 shares on 8/15/2023Ownership: 0.019%Point72 Middle East FZEBought 33,817 shares on 8/15/2023Ownership: 0.014%View All Insider TransactionsView All Institutional Transactions BLND Stock - Frequently Asked Questions Should I buy or sell Blend Labs stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Blend Labs in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" BLND shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BLND, but not buy additional shares or sell existing shares. View BLND analyst ratings or view top-rated stocks. What is Blend Labs' stock price forecast for 2023? 5 brokers have issued 1-year price objectives for Blend Labs' stock. Their BLND share price forecasts range from $1.30 to $3.25. On average, they anticipate the company's share price to reach $1.89 in the next twelve months. This suggests a possible upside of 60.2% from the stock's current price. View analysts price targets for BLND or view top-rated stocks among Wall Street analysts. How have BLND shares performed in 2023? Blend Labs' stock was trading at $1.44 on January 1st, 2023. Since then, BLND shares have decreased by 18.1% and is now trading at $1.18. View the best growth stocks for 2023 here. When is Blend Labs' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023. View our BLND earnings forecast. How were Blend Labs' earnings last quarter? Blend Labs, Inc. (NYSE:BLND) announced its earnings results on Wednesday, August, 9th. The company reported ($0.16) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.19) by $0.03. The company earned $42.82 million during the quarter, compared to analysts' expectations of $39.98 million. Blend Labs had a negative trailing twelve-month return on equity of 235.54% and a negative net margin of 183.40%. What ETFs hold Blend Labs' stock? ETFs with the largest weight of Blend Labs (NYSE:BLND) stock in their portfolio include Global X PropTech ETF (PTEC). What guidance has Blend Labs issued on next quarter's earnings? Blend Labs issued an update on its third quarter 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $38.00 million-$42.00 million, compared to the consensus revenue estimate of $43.00 million. When did Blend Labs IPO? (BLND) raised $340 million in an initial public offering (IPO) on Friday, July 16th 2021. The company issued 20,000,000 shares at a price of $16.00-$18.00 per share. What is Blend Labs' stock symbol? Blend Labs trades on the New York Stock Exchange (NYSE) under the ticker symbol "BLND." Who are Blend Labs' major shareholders? Blend Labs' stock is owned by a variety of institutional and retail investors. Top institutional investors include ShawSpring Partners LLC (4.61%), BlackRock Inc. (0.85%), Geode Capital Management LLC (0.66%), Charles Schwab Investment Management Inc. (0.37%), Renaissance Technologies LLC (0.30%) and State Street Corp (0.28%). Insiders that own company stock include Amir Jafari, Crystal Sumner, Jonathan Y Chan, Nima Ghamsari and Timothy J Mayopoulos. View institutional ownership trends. How do I buy shares of Blend Labs? Shares of BLND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Blend Labs' stock price today? One share of BLND stock can currently be purchased for approximately $1.18. How much money does Blend Labs make? Blend Labs (NYSE:BLND) has a market capitalization of $290.15 million and generates $235.20 million in revenue each year. The company earns $-720,170,000.00 in net income (profit) each year or ($1.38) on an earnings per share basis. How many employees does Blend Labs have? The company employs 1,546 workers across the globe. How can I contact Blend Labs? Blend Labs' mailing address is 415 KEARNY ST., SAN FRANCISCO CA, 94108. The official website for the company is www.blend.com. The company can be reached via phone at 650-550-4810 or via email at ir@blend.com. This page (NYSE:BLND) was last updated on 9/22/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Blend Labs, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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